BANGALORE, India, August 26, 2016 /PRNewswire/ --
TO ALL STOCK EXCHANGES
NATIONAL STOCK EXCHANGE OF INDIA LIMITED
NEW YORK STOCK EXCHANGE
August 25, 2016
Sub: Vesting and exercise of Restricted Stock Units (RSU's)
In continuation to our letter dated August 22, 2014, titled "Grant of Restricted Stock Units", we would like to inform you that in accordance to the first RSU Grant made on August 21, 2014 to Dr. Vishal Sikka, CEO and Managing Director of the Company, 20% of the RSUs numbering 4,559 (equivalent to 18,236 shares post bonus issues) has vested on August 20, 2016.
Dr. Vishal Sikka has exercised the above vested RSUs and has disclosed the transaction to the Company in accordance with the continual disclosure provisions of Chapter-III under the SEBI (Prohibition of Insider Trading Regulations, 2015).
For Infosys Limited
This is a disclosure announcement from PR Newswire.
SOURCE Infosys Limited